Covid-19 Update

9th October 2020

 

Dear Member, 

COVID-19 UPDATE

 

UK wide

 

The Chancellor has just announced an extension to the Job Support Scheme which will offer extra support to businesses legally required to close as a result of national or local restrictions.  We will study this further over the weekend and provide any additional details next week.  We are lobbying intensely at the moment to keep arcades out of any list of premises required to close and in respect of pubs highlighting the devastating impact on single site operators.

 

In summary the Chancellor has said:

 

  • The scheme will begin on 1 November and will be available for six months, with a review point in January. 
  • The government will support eligible businesses by paying two thirds of each employees’ salary (or 67%), up to a maximum of £2,100 a month. 
  • Cash grants for businesses required to close in local lockdowns also increased to up to £3,000 per month paid every two weeks
  • Employers will be required to cover NICS and pension contributions
  • Employees must be off work for a minimum of seven consecutive days
  • Payments will be made in arrears – a HMRC claims service that will be available to do this from early December
  • Employees of firms that have been legally closed in the period before 1 November are eligible for the CJRS.

 

Details can be found here: https://www.gov.uk/government/news/job-support-scheme-expanded-to-firms-required-to-close-due-to-covid-restrictions

 

Scotland

 

 

 Kind regards,

John

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